Finance

Bath Business Blog: Malindi Myers, regional agent, Bank of England. Your insights help us understand the impact of the Covid-19 crisis

April 3, 2020
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Bath Business Blog: Malindi Myers, regional agent, Bank of England. Your insights help us understand the impact of the Covid-19 crisis

The people of the UK are making extraordinary efforts to limit the health impact of Covid-19. NHS staff, aided by carers and volunteers, are doing sterling work in the face of unprecedented pressures. Families, friends, and neighbours are rallying round those who are ill or isolating themselves. And thousands of businesses are safeguarding the...

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Coronavirus update: Bath firms urged to step up and support Dorothy House Hospice appeal

April 3, 2020
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Coronavirus update: Bath firms urged to step up and support Dorothy House Hospice appeal

Bath area hospice Dorothy House is urgently seeking support from city businesses to help it step up its response to the national health emergency triggered by coronavirus pandemic. It has launched its Stepping Up Support appeal to raise funds for its clinical teams to provide extra care for the community in response to rising...

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Coronavirus update: Bath small business lender 1pm urges government to widen help scheme

April 3, 2020
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Coronavirus update: Bath small business lender 1pm urges government to widen help scheme

Bath-based specialist finance provider 1pm has joined calls for the government to let non-bank lenders like itself join funding schemes aimed at helping businesses cope with the impact of the coronavirus pandemic. While such lenders provide a third of all UK consumer credit and a third of funding to businesses for investment in plant,...

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Campaign to teach kids at home about money launched by Bath financial planning firm

April 2, 2020
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Unividual

Bath-based financial planning firm Unividual has teamed up with the charity MyBnk to help educate children and young people on how to manage their finances. The Money Mondays campaign, which launched this week, aims to give young people the best start in life when it comes to their savings.  Taking place weekly on Unividual’s social...

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Pearson May weekly financial round-up

April 2, 2020
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Pearson May weekly financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. This week we look at . . . How to access coronavirus support schemes Details on how to apply for emergency measures. Find out here if this applies to you Five personal tax changes...

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Coronavirus update: Business confidence falls as firms start to feel impact of pandemic

April 1, 2020
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Coronavirus update: Business confidence falls as firms start to feel impact of pandemic

Three-quarters of South West firms were hit by the coronavirus pandemic in the first two weeks of March, according to a new survey which also shows the outbreak has triggered a marked fall in businesses confidence in the region. Lloyds Bank’s Business Barometer – a monthly survey of more than 1,000 companies carried out...

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Coronavirus update: Profit warnings soar as firms start to feel financial impact of pandemic

March 31, 2020
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Coronavirus update: Profit warnings soar as firms start to feel financial impact of pandemic

Warnings about future profits made by South West companies listed on the London Stock Exchange have soared by 75% compared to this time last year – with most of them blaming the coronavirus pandemic. The latest analysis from international accountancy group EY shows there have been 14 profit warnings issued in the region so...

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Coronavirus update: Business West welcomes new insolvency and red tape measures

March 30, 2020
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Coronavirus update: Business West welcomes new insolvency and red tape measures

The latest moves by the government to support businesses, including relaxing the insolvency laws and removing some red tape, have been given the thumbs up by the region’s largest business organisation. Business West described the measures, announced by Business Secretary Alok Sharma on Friday evening, as sensible steps that would help protect companies weakened...

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Bath Business Blog: Coronavirus – the latest help for businesses. By Jon Miles, tax director, Richardson Swift

March 27, 2020
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Bath Business Blog: Coronavirus – the latest help for businesses. By Jon Miles, tax director, Richardson Swift

The UK government’s reaction to the coronavirus pandemic and its financial support for businesses has been ramping up daily. But Jon Miles, tax director of Bath-based chartered accountancy firm Richardson Swift, says that while the headlines may seem clear cut, the detail of how to claim any assistance is still to be released in...

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Bath Business Blog: Isabel Thompson, Warner McCall Resilience. Cyber security guidance for remote working during Covid-19

March 27, 2020
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Bath Business Blog: Isabel Thompson, Warner McCall Resilience. Cyber security guidance for remote working during Covid-19

In these challenging times, it’s sad to learn that cyber criminals are only increasing their activity as they look to capitalise on the Covid-19 crisis, writes Isabel Thompson, commercial director at cyber security and resilience firm Warner McCall Resilience. With the NCSC (National Cyber Security Centre) issuing warnings of such activity on a daily...

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